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'''Laissez faire''' (let us do or let us work) (from ''"laissez faire, laissez passer"'') is an economic doctrine that opposes governmental regulation of commerce beyond the minimum necessary for a free-enterprise system; it was promoted by the physiocrats. [http://www.answers.com/topic/laissez-faire] In economic theory, the term implies a true [[free market]] with no [[government]] intervention. Modern press approximately translates ''laissez faire'' into, "Do what you will", from French. The term was popularized by French Jean-Claude Marie Vincent de Gournay (1712 – 1759).

'''Laissez faire''' (let us do or let us work) (from ''"laissez faire, laissez passer"'') is an economic doctrine that opposes governmental regulation of commerce beyond the minimum necessary for a free-enterprise system; it was promoted by the physiocrats. [http://www.answers.com/topic/laissez-faire] In economic theory, the term implies a true [[free market]] with no [[government]] intervention. Modern press approximately translates ''laissez faire'' into, "Do what you will", from French. The term was popularized by French Jean-Claude Marie Vincent de Gournay (1712–1759).

A noted [[advocate]] of the ''laissez faire'' style of economy was [[Adam Smith]], who pioneered the theory of modern [[capitalism]], as [[Thomas Malthus]] and [[David Ricardo]].

A noted [[advocate]] of the ''laissez faire'' style of economy was [[Adam Smith]], who pioneered the theory of modern [[capitalism]], as [[Thomas Malthus]] and [[David Ricardo]].

*[http://dictionary.reference.com/browse/laissez%20faire Dictionary.com]

*[http://dictionary.reference.com/browse/laissez%20faire Dictionary.com]

*[http://www.infoplease.com/dictionary/brewers/laissez-faire-laissez-passer.html Laissez Faire, Laissez Passer.]

*[http://www.infoplease.com/dictionary/brewers/laissez-faire-laissez-passer.html Laissez Faire, Laissez Passer.]

[[Category:Economics]]

[[Category:Economics]]

[[Category:Political Theory]]

[[Category:Political Theory]]